Spices; Mixtures Price in Peru - 2021
Contents:
- Spices; Mixtures Price in Peru (FOB) - 2022
- Spices; Mixtures Price in Peru (CIF) - 2022
- Spices; Mixtures Exports in Peru
- Spices; Mixtures Imports in Peru
Spices; Mixtures Price in Peru (FOB) - 2022
In 2022, the average spices; mixtures export price amounted to $8,095 per ton, jumping by 38% against the previous year. Overall, the export price showed a moderate increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 98%. The export price peaked at $10,428 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($50,557 per ton), while the average price for exports to the United States ($3,155 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+40.2%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Mixtures Price in Peru (CIF) - 2022
The average spices; mixtures import price stood at $5,237 per ton in 2022, surging by 7.6% against the previous year. In general, the import price, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2019 an increase of 29% against the previous year. The import price peaked at $7,959 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,847 per ton), while the price for China ($2,187 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Mixtures Exports in Peru
In 2022, spices; mixtures exports from Peru totaled 20 tons, surging by 6.1% against the previous year. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 533%. As a result, the exports reached the peak of 21 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, spices; mixtures exports skyrocketed to $159K in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 506%. As a result, the exports reached the peak of $209K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Spices; Mixtures in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 9.8 | 48.0 | 38.3 | 41.2 | 61.4% |
| Chile | N/A | N/A | 7.9 | 30.4 | 284.8% |
| United States | N/A | N/A | 4.3 | 9.3 | 116.3% |
| Czech Republic | N/A | N/A | N/A | 8.9 | 0% |
| United Kingdom | 1.6 | 8.2 | 2.8 | 8.2 | 72.4% |
| Slovenia | N/A | N/A | N/A | 1.8 | 0% |
| Italy | N/A | 37.6 | 3.2 | N/A | -91.5% |
| Saudi Arabia | 8.6 | 26.4 | 8.6 | N/A | 0.0% |
| Others | 14.4 | 88.7 | 43.7 | 59.1 | 60.1% |
| Total | 34.5 | 209 | 109 | 159 | 66.4% |
Top Export Markets for Spices; Mixtures from Peru in 2022:
- Spain (5.3 tons)
- United States (3.0 tons)
- United Kingdom (2.0 tons)
- Czech Republic (1.4 tons)
- Chile (0.6 tons)
- Slovenia (0.4 tons)
Spices; Mixtures Imports in Peru
In 2022, supplies from abroad of spices; mixtureses decreased by -14.4% to 136 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 80% against the previous year.
In value terms, spices; mixtures imports reduced to $710K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 76% against the previous year.
| Import of Spices; Mixtures in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 126 | 231 | 231 | 169 | 10.3% |
| China | 42.4 | 62.8 | 100 | 143 | 50.0% |
| Spain | 20.9 | 39.5 | 76.6 | 89.1 | 62.1% |
| United States | 6.3 | 12.4 | 35.2 | 20.7 | 48.7% |
| Others | 173 | 304 | 327 | 287 | 18.4% |
| Total | 369 | 649 | 770 | 710 | 24.4% |
Top Suppliers of Spices; Mixtures to Peru in 2022:
- China (65.5 tons)
- Spain (17.8 tons)
- Germany (13.2 tons)
- United States (4.0 tons)
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